Alfen N.V. (AEX: ALFEN), a specialist in energy solutions for the future, today updates its revenue guidance for 2023.
Based upon recent updates to our latest estimates, Alfen changes its revenue guidance for 2023 from €540-600m to €490-520m.
With EV charging we see destocking challenges in the sales channels in combination with challenging market conditions leading to lower foreseen revenues in 2023. The updated guidance includes this impact.
In our other two business lines we see continued success in energy storage and stronger growth in smart grid solutions compared to growth in previous quarters.
Based upon recent updates to our latest estimates, Alfen changes its revenue guidance for 2023 from €540-600m to €490-520m.
With EV charging we see destocking challenges in the sales channels in combination with challenging market conditions leading to lower foreseen revenues in 2023. The updated guidance includes this impact.
In our other two business lines we see continued success in energy storage and stronger growth in smart grid solutions compared to growth in previous quarters.
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